A Group of Freshmen at a Local University Consider Joining

question 2

Multiple Choice

A group of freshmen at a local university consider joining the equestrian team. Thirty-five percent of students choose Western riding, 45% choose dressage, and 50% choose jumping. Twenty percent choose both dressage and jumping, while 10% choose Western and dressage. No one chooses Western and jumping. There are no horses suitable for two styles, and each student is assigned to one horse. What is the probability that a student chooses dressage or jumping?

• A)0.95
• B)0.75
• C)0.23
• D)0.9

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Definitions:

General Ledger

The primary accounting record of a company that uses double-entry bookkeeping, summarizing all transactions into debits and credits.

Allowance Account

A contra asset account that reduces the gross amount of receivables to reflect a more accurate value of expected collections.

Liability Account

An accounting record tracking obligations or debts that a company owes to others.